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Finances
Distiller’s dried grains (DDGs) are a co-product of dry-milled ethanol production. U.S. ethanol plants have the capacity to produce more than 17 billion gallons of ethanol and 35 million tons of DDG (Ag MRC). DDGs from corn contain, on average, 30 percent protein, 10 percent fat, and 7 percent fiber.
Read MoreThis paper examines the competitiveness of wheat production for important international wheat production regions using 2016 to 2020 data from the agri benchmark network. Data from ten typical farms with wheat enterprise data from Argentina, Australia, Canada, Germany, Russia, Ukraine, and United States were used in this paper.
Read MoreGiven that the U.S. stocks to use ratio is currently only 9.6 percent and continued questions related to U.S. corn acreage in 2022, there is tremendous uncertainty regarding corn prices for the rest of this year. To address this uncertainty, this article examines the impact of relatively high corn prices on feeding cost of gain and net returns for cattle finishing.
Read MoreWhat really is inflation? How is it measured? What is the potential impact on consumers and the ag sector? Purdue agricultural economists Brady Brewer, Michael Langemeier, and James Mintert discuss these questions and the potential impacts of rising inflation & Fed policy on interest rates. Near the end of the conversation, they discuss the long-run relationship between inflation and farm input prices. Slides and a transcript from the discussion are available.
Read MoreNumerous factors are responsible for the surge in fertilizer prices. Each input used in production agriculture and in other industries has its own set of supply and demand fundamentals. However, input prices can also be affected by changes in general inflation.
Read MoreExamining the competitiveness of soybean production in different regions of the world is often difficult due to lack of comparable data and agreement regarding what needs to be measured. This paper examines the competitiveness of soybean production for important international soybean regions using 2016 to 2020 data from the agri benchmark network.
Read MoreExit Strategies slidedeck presentation by Michael Langemeier given in Salem on March 25, 2022.
Read MoreThe Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2022 crop budget estimations for 2022.
Read MoreThis paper examines the competitiveness of corn production for important international corn regions using 2016 to 2020 data from the agri benchmark network. The agri benchmark network collects data on beef, cash crops, dairy, pigs and poultry, horticulture, and organic products. There were 16 countries with corn data for 2020 represented in the cash crop network.
Read MoreMichael Langemeier presented Incorporating Conservation Provisions into Crop Leases at the Great Lake Crops Summit in Mt. Pleasant, Michigan.
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